Leases (Tables)

3 Months Ended

Mar. 31, 2022

The components of lease expense were as follows (in thousands):


	Three Months Ended March 31,
	2022		2021
Finance lease right-of-use assets amortization	$	71	$	62
Finance lease interest expense	4		3
Total finance lease cost	75		65
Operating lease cost	1,192		1,088
Short-term lease cost	32		50
Variable lease cost	254		237
Sublease income	(83)		(80)
Total lease cost	$	1,470	$	1,360

The weighted-average remaining lease term and discount rate for operating and finance leases as of March 31, 2022 are as follows:


	Operating Leases		Finance Leases
Weighted-average remaining lease term	10.0 years		2.2 years
Weighted-average discount rate	5.4	%	3.6	%

Supplemental cash flow information related to leases is as follows (in thousands):


	Three Months Ended March 31, 2022
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows from operating leases	$	1,264
Operating cash flows from finance leases	$	3
Finance cash flows from finance leases	$	23
ROU assets obtained in exchange for new operating lease liabilities:	$	1,896
ROU assets obtained in exchange for new finance lease liabilities:	$	292

Assets And Liabilities, Lessee

The following table indicates the financial statement lines where the Company's operating and finance lease liabilities and right-of-use ("ROU") assets are included in the Condensed Consolidated Balance Sheets (in thousands):


	As of March 31, 2022		Balance Sheet Classification
Assets:
Operating lease ROU assets	$	19,852	Operating lease right-of-use assets
Finance lease ROU assets	512		Property and equipment, net
Total lease assets	$	20,364

Liabilities:
Current operating lease liabilities	$	3,458	Accrued expenses and other current liabilities
Current finance lease liabilities	274		Accrued expenses and other current liabilities
Non-current operating lease liabilities	33,346		Operating lease liabilities, net of current portion
Non-current finance lease liabilities	255		Other non-current liabilities
Total lease liabilities	$	37,333

Lessee, Operating Lease, Liability, Maturity

Future minimum lease payments under non-cancellable operating and finance leases as of March 31, 2022 are as follows (in thousands):


	Operating Leases		Finance Leases
2022 (remainder)	$	3,973	$	230
2023	5,419		189
2024	5,037		100
2025	4,613		28
2026	4,342		3
Thereafter	24,698		—
Total minimum lease payments	48,082		550
Less: Amounts representing interest	(11,281)		(21)
Present value of lease payments	$	36,801	$	529

Finance Lease, Liability, Fiscal Year Maturity

Future minimum lease payments under non-cancellable operating and finance leases as of March 31, 2022 are as follows (in thousands):


	Operating Leases		Finance Leases
2022 (remainder)	$	3,973	$	230
2023	5,419		189
2024	5,037		100
2025	4,613		28
2026	4,342		3
Thereafter	24,698		—
Total minimum lease payments	48,082		550
Less: Amounts representing interest	(11,281)		(21)
Present value of lease payments	$	36,801	$	529